Answer:
When government gives money to a college student this is an example of a consumer subsidy.
Explanation:
A government performs different roles in the economy of a company to ensure that income and resources are equally distributed to various people in the country. For example, the government utilizes economic policies to ensure that economically vulnerable groups in the society are given a chance towards economic growth by providing them with subsidies and low-cost loans, housing and healthcare to ensure that they have a chance at growing economically. Another way the government distributes income and resources is by providing tax cuts to the poor or those with low income while at the same time increasing taxes to the rich and wealthy. Examples of vulnerable groups in the society are; the poor, people with low income, the unemployed, people of old age, and the youth and children.
In our case,we will consider consumer subsidy. Consumer subsidy is the act of providing benefits to a certain group in the society. The benefits can be in the form of; tax cuts and cash payments to that particular group or individual. An example is the government giving money to a college student in the form of consumer subsidy. College fees is usually very high and cannot be afforded by most students, government subsidies assist these students to go to college.
Answer:
We cannot answer this question due to a lack of information:
Would this contract increase (or decrease) Campus Stop’s dollars of gross profit and its gross profit percentage?
all you need to do from here is to compare the figures i computed with the ones you supposed to be given.
Explanation:
Gross profit from contract in $ = Revenue from Contract - Costs
= $27,000 - $15,600
= $11,400
Gross Profit % = $11,400/$27,000
= 42.2%
We cannot answer this question due to a lack of information:
Would this contract increase (or decrease) Campus Stop’s dollars of gross profit and its gross profit percentage?
all you need to do from here is to compare the figures i computed with the ones you supposed to be given.
The service provided by Christina’s bank is called federal deposit insurance corporation service. Thus the second option is correct.
<h3>What is federal deposit Insurance Corporation?</h3>
The Federal Deposit Insurance Corporation is agencies which provides the services of the supply deposit insurance to depositors in American depository institutions and also provides the credit services which regulates and insures credit unions.
In the above scenario, Christina directly deposits her paycheck in the bank in her personal account. Thus the bank provides the services of Federal Deposit Insurance Corporation services to deposit her savings into the bank.
Learn more about federal deposit Insurance here:
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Answer:
These are identification numbers used to identify the bank, your account number, and the check number.
Explanation:
Every check has a set of three numbers at the bottom. The routing number, account number, and check number.
The routing number is at the bottom left corner. It a nine-digit code used to identify the financial institution associated with the check. Each and every financial institution has a unique routing number.
The account number is in the middle of the three numbers. The account number is private and unique to every customer.
The check number is the last one and is a four-digit number. It identifies a check drawn by a particular customer.
Therefore, the numbers on a check are for identification and tracking purposes.
Answer:
C.) Lease on the studio space
D.) Insurance that the landlord requires Sonia to carry for the studio.
Explanation:
Fixed cost are costs that do not change with the level of output.
These costs are incurred whether or not people come to Sonia's studio.
Variable costs are costs that change with the level of output. If output rises, variable cost increases and falls if output reduces. In this question, the variable costs are the costs of tank tops and wages paid to the other yoga instructors.
I hope my answer helps you.
